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Please show the calculation clearly . (25 points) One year after you were born, your parents established a savings account for you at a local

Please show the calculation clearly .

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(25 points) One year after you were born, your parents established a savings account for you at a local commercial bank. The account is expected to earn 10% per year in interest. On your 25th birthday, you will be able to withdraw 26000 KD in cash. a. (10 points) What is the amount your parents deposited on the day you were born? b. (15 points) How many more years should you wait if you wish to withdraw 50000 KD instead

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